Time to go short on VNQ with tight stop loss if it's breaking out. Play DRV for shorting VNQ.
Time to see if supports hold or not and then time to play the bounce.
Looking to open long position at 16. We might see bounce at 16.40 as well. Let's see.
Divergence is already set in 4 hr chart. Play the range. From yesterday's chart -
So far all good and within the plan.
Lets's where SQ goes from here.
Waiting for major support to go long. Till then all drama for T lawsuit on merge will be over as well.
Swinging on tight stop loss - Worth giving shot. I think test to 80 might happen.
It's forming ascending triangle at the end of down channel and that would cause break out to go up. If not we will hit 40$ again. Upon upward break out - target remains 52.
With consistence demand and winter approaching it seems NG1! is about to make it moves. Make sure you are on right side of NG1! Chart is just an idea. Let's see where it goes.